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Home / Support and Resistance / ITV (ITV.L) 13-02-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

ITV (ITV.L) 13-02-20

Will ITV (ITV.L) shares break below the 133p support, or return to highs of 156p (+17%)?

 

  • Currently close to the 133p support at 132.9p (at time of writing).
  • This has been identified for ostensibly strong support level. Traders should consider whether they think it will hold up again.
  • Will the price bounce again to recent highs at 156p? (+17%).
  • Technical traders should consider potential news and developments. Check our website and the press for updates in future.
  • Shares -15% from 12-month highs; +28% from 12 month lows.

Latest News

30 Jan:  Barclays Capital reiterates its equal weight rating on ITV (ITV) and increased the target price to 150p (from 130p).

28 Jan:  UBS reiterates its neutral rating on ITV (ITV) and increased the target price to 140p (from 130p).

20 Jan:  Goldman Sachs reiterates its neutral rating on ITV (ITV) and increased the target price to 171p (from 140p).

05 Dec:  Exane BNP Paribas has upgraded its rating on ITV (ITV) to outperform (from neutral) and increased the target price to 165p (from 120p).

13 Nov:  Goldman Sachs reiterates its neutral rating on ITV (ITV) and increased the target price to 140p (from 124p).

13 Nov:  Barclays Capital reiterates its equal weight rating on ITV (ITV) and increased the target price to 130p (from 120p).

13 Nov:  Kepler Cheuvreux has downgraded its rating on ITV (ITV) to hold (from buy) and increased the target price to 150p (from 125p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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